This paper employs weighted least squares to examine the risk-return relation by applying high-frequency data from four major stock indexes in the US market and finds some evidence in favor of a positive relation between the mean of the excess returns and expected risk. However, by using...

This dissertation studies the following issues: the presence of non-normal distribution features and the significance of higher order moments, the tradeoff between risk and return, and the dynamic conditional correlation between stock returns and bond returns. These issues are structured into...

The extant literature regarding the effects of housing on stock investment shows inconsistent findings, either positive or negative effects have been reported. This paper investigates the mechanisms by which housing affects household stock investment through a structure equation model (SEM)....